Novarc Technologies

Novarc Technologies Overview

Founded 2013
Status Private
Latest Deal Type Early Stage VC
Investors 4

Novarc Technologies General Information


Developer of collaborative welding robots designed to solve challenging automation problems. The company's advanced custom robots include collaborative robots, welding robots with long reach manipulation to allow pipe welding to be performed more precisely and economically, enabling businesses to modernize pipe shops, increase the capacity of the pipe shops, while maintaining quality requirements.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Machinery (B2B)
Other Industries
Electronic Equipment and Instruments
Other Commercial Products
Electrical Equipment
Primary Office
  • Unit 6
  • 1225 Keith Road East
  • North Vancouver, British Columbia V7J 1J3
  • Canada
+1 (604) 000-0000

Novarc Technologies Timeline

Financing Round
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Novarc Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC 01-Dec-2018 000 Completed Generating Revenue
2. Seed Round 31-Mar-2017 000 000 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup

Novarc Technologies Executive Team (3)

Name Title Board Seat Contact Info
Soroush Karimzadeh Co-Founder & Chief Executive Officer
Reza Abdollahi Co-Founder & Chief Technology Officer
Richard Zupp Corporate Controller

Novarc Technologies Board Members (2)

Name Representing Role Since
Chris Nelson Nelson Investments Board Member 000 0000
Hamid Abdollahi Self Board Member 000 0000

Novarc Technologies Investors (4)

To view Novarc Technologies‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Nelson Investments Family Office Minority 000 0000 000000 0
BDC Capital Venture Capital Minority 000 0000 000000 0
Seaspan International Corporation Minority 000 0000 000000 0
Foresight Cleantech Accelerator Centre Accelerator/Incubator Minority 000 0000 000000 0

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